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GIFT IFSC emerges as international banking hub with $52.82 bn FCNR(B) disbursals: Uday Kotak

Excellent performance by GIFT IFSC banking units funding $ 52 bn of the $ 127 bn FCNR( B) deposits raised under RBI swap facility. This signifies GIFT’s emergence as a growing International Financial Centre. https://t.co/OVoAiOunlC (Catch all the Business News, Breaking News and Latest News Updates on The Economic Times.) (Catch all the Business News, […]

By deepak · September 3, 2026 · 1 min read

Excellent performance by GIFT IFSC banking units funding $ 52 bn of the $ 127 bn FCNR( B) deposits raised under RBI swap facility. This signifies GIFT’s emergence as a growing International Financial Centre. https://t.co/OVoAiOunlC

(Catch all the Business News, Breaking News and Latest News Updates on The Economic Times.)

(Catch all the Business News, Breaking News and Latest News Updates on The Economic Times.)

Source: Read the original article on economictimes.indiatimes.com